CostByCity

Albany, NY vs Miami, FL

Cost of Living Comparison

Albany, NY is more affordable by 14.6 index points

Side-by-Side Comparison

CategoryAlbany, NYMiami, FLDifference
Overall99.6114.2-14.6
Housing102.6155.6-53.0
Goods99.7103.6-3.9
Utilities134.097.2+36.8
Other Services97.8109.1-11.4

Income & Housing Comparison

MetricAlbany, NYMiami, FL
Median Household Income$83,360$69,085
Median Home Value$254,100$369,500
Median Monthly Rent$1,181$1,657
Per Capita Income$44,919$39,957

Frequently Asked Questions

Is Albany, NY or Miami, FL cheaper to live in?
Albany, NY is more affordable. The cost of living difference is 14.6 index points (Albany, NY: 99.6, Miami, FL: 114.2).
Where is housing cheaper, Albany, NY or Miami, FL?
Housing is more affordable in Albany, NY. Housing index: Albany, NY (102.6) vs Miami, FL (155.6).